46542 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 46542 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateIndiana
CityMilford
Time ZoneAmerica/Indiana/Indianapolis
Geo Location41.39179, -85.87439
Population4643
Size134.045 square miles
Median Family Income$80775.00
Median Home Value$152100.00

Population & Demographics

The following information lists the population statistics and breakdown for the 46542 zip code. The total population is 4643, of which, 2229 are male and 2414 are female. With a total area of 134.045 square miles, the population density is 30.9 people per square mile. The median age of the population is 33.5 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
20113924
20124041
20133764
20144053
20153902
20163919
20173861
20184083
20194142
20204304
20214643

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 52711.4%
Age 5-93076.6%
Age 10-143156.8%
Age 15-192595.6%
Age 20-243347.2
Age 25-294048.7%
Age 30-342495.4%
Age 35-393708%
Age 40-44229 4.9%
Age 45-492896.2%
Age 50-542274.9%
Age 55-592675.8%
Age 60-642725.9%
Age 65-691783.8%
Age 70-742094.5%
Age 75-791092.3%
Age 80-84210.5%
Age 85 and over771.7%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 15.5 %
  • Speaks Spanish: 8.2 %
  • Speaks Other Indo-European Language: 6.9 %
  • Speaks Pacific Island Languages: 0.4 %
  • Speak Other Languages: 0 %
Marital Status: 
  • Currently Married: 54.9 %
  • Divorced: 13.3 %
  • Separated (not divorced): 0.7 %
  • Never Married: 26.8 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 46542 zip code is $80775. This is 10.61% greater than the national average. This income places 4.5% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $15032. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.0033
$10,000.00 – $14,999.000
$15,000.00 – $24,999.000
$25,000.00 – $34,999.0084
$35,000.00 – $49,999.00108
$50,000.00 – $74,999.00256
$75,000.00 – $99,999.00369
$100,000.00 – $149,999.00254
$150,000.00 – $199,999,0028
$200,000.00 +24

YearMedian Family Income ($ USD)
201156750
201258250
201357803
201456823
201557857
201656201
201761101
201864825
201970864
202073694
202180775

Income Source# of Households
Wage or Salary1246
Self Employment265
Social Security422
Dividends, Interest, or Rental302
Retirement245
Other142

Total Insured & Uninsured Individuals: 
  • Families Insure: 3641
  • Families Uninsured: 953
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 245
  • No retirement income: 1364

Education

In the 46542 zip code, 81.4% of individuals over 25 years old have a high school degree or higher, and 7.2% have a bachelors degree or higher. Additionally, 13.3% of individuals 3 years and older are in private school, and 86.7% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 46542 zip, there are an estimated 2436 people in the labor force, of which, 2422 are employed, and 14 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 19.6 minutes. Of the total people that work, 107 worked from home and 2162 commuted. The average number of hours worked is 42.6. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts645
Services288
Sales and Office451
Construction and Maintenance:234
Transportation and Material Moving804





Housing

The median home value for the 46542 zip code is 152100. There is an estimated  1609 number of occupied housing units, the median gross rent in is $806 per month, and the average monthly housing costs are estimated to be $789. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000107
$50,000 – $99,000219
$100,000 – $149,999344
$150,000 – $199,999373
$200,000 – $299,999191
$300,000 – $499,999111
$500,000 – $999,99933
$1,000,000+0

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 201998
2000 – 2009276
1980 – 1999397
1960 – 1979279
1940 – 1959178
1939 or earlier381

The median number of rooms in all housing units is 6.4 rooms.
Monthly Rent ($ USD)Number of Units
Less than $50041
$500 – $999155
$1,000 – $1,4990
$1,500 – $1,9998
$2,000 – $2,4990
$2,499 – $2,9990
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 300193
300-499325
500-799294
800-999358
1000-1499294
1500-199972
2000-249934
2500-29990
3000+12

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%447
20%-24.9%142
25%-29.9%58
30%-34.9%7
35+%134



# of VehiclesHouseholds
None83
1364
2506
3+656
Home Heating Characteristics: 
  • Utility Gas: 56.7 %
  • Bottle Tank or LP Gas: 16.7 %
  • Electricity: 13.9 %
  • Oil or Kerosene etc: 0.6 %
  • Coal or Coke: 1.9 %
  • All Other: 9.9 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.